About this role

Aladdin Financial Engineering

The Aladdin Financial Engineering business is responsible for all analytics technology across the Aladdin platform. We research, develop, and implement state-of-the-art quantitative models used to assess financial risk across fixed income, equities, derivatives, and alternative products.

Core Analytics Solutions within AFE focus on execution, delivery and adoption for BlackRock and our Aladdin clients. CAS champions horizontal synchronization across every aspect of financial engineering with their deep domain and quantitative understanding, platform initiatives and program solutions.

Our team is known for:

• Deep quantitative knowledge of model and calibration techniques across global fixed income, equity, and private market asset classes

• Deep expertise in analytics platform that distribute model outputs into Aladdin applications and APIs.

• Experience designing processes for delivery of analytics at scale on thousands of portfolios across hundreds of clients.

• Able to convey complex analytics concepts to clients, bridging the gap between end users and modelers/engineers.

• Expertise in financial regulations affecting investment managers.

• Partnering with global portfolio management teams to construct portfolios that are consistent with specified risk and performance objectives.

• Staying at the forefront of BlackRock’s technology platform to make our partners and stakeholders the best users of Aladdin.

• Effectively communicating and influencing internal partners to manage risk.

• Maintaining integrity as a fiduciary to clients

Our team partners with:

• Portfolio Managers, Risk Managers, Product Strategists, Portfolio Consultants, Software Engineering, COOs of Investment teams and many others, as well as the external Aladdin client community

What will you do as an analyst?

• Gain an understanding of financial models, markets, risk, portfolio construction and Aladdin’s capabilities.

• Contribute to the development, testing, and implementation of quantitative and statistical models, analytics and reporting for new security products, portfolio risk, portfolio construction, performance, and liquidity analytics.

• Provide rapid response tactical solutions demonstrating critical thinking, programming skills and creativity.

• Independent quantitative model validation, testing and performance monitoring. Help with complex UAT across the entire Aladdin client community and validate new models/features for production deployment.

• Work with technology and analytics groups to build and deliver scalable, customized solutions using Aladdin APIs and the Aladdin Compute platform.

• Coordinate with colleagues globally, across cross-functional teams.

What capabilities are we looking for, but are not required:

• Understanding of Capital markets (Financial electives)

• Mathematical and quantitative analytical skills (Linear algebra, Numerical methods, stochastic finance, bond mathematics, AI/ ML etc.)

• Problem solving skills and Presentation skills.

• Python experience required, Intermediate programming skills

• CFA, CQF, FRM preferred

Your learning & development will include:

You will develop expertise in multiple core areas that will serve as the foundation for your career including:

• Financial markets

• Advanced quantitative finance, financial engineering.

• Client and industries

• Technology

• The Aladdin platform

#EarlyCareers

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit @blackrock (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/blackrock) | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.